As the world weathers a pandemic, Nintendo may just be recession-proof - News Summed Up

As the world weathers a pandemic, Nintendo may just be recession-proof


Now, as the world’s population weathers a global pandemic, history stands to remind us that the toy company from Kyoto is not to be underestimated. ADAD“The recession is irrelevant to them”“It’s not that Nintendo [is] strong in a recession,” says Masashi Morita, analyst at Okasan Securities, in Osamu Inoue’s book Nintendo Magic. ADADNintendo isn’t the only gaming company to benefit. “I’ve never once been embarrassed that children have supported Nintendo,” then-president Satoru Iwata told the Seattle Post-Intelligencer in 2005. And the kinds of games that parents can play with their kids — the former now working from home, the latter now home-schooled — are the games Nintendo has always made.


Source: Washington Post May 08, 2020 18:45 UTC



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